Liberty Energy (LBRT) - 2023 Q4 - Earnings Call Transcript
Liberty Energy (LBRT)2024-01-26 07:24
Ron Gusek Operator Chris Wright Returns basically we have a single hurdle for all sort of like growth capital or any sort of any investments really here at Liberty, and then kind of other measures to some degree our 12-year history of what weÂ've done, and that sort of 23%, 25% cash return on cash invested. ThatÂ's the target for everything we do. Obviously, youÂ're starting a new business you wonÂ't hit that in your first year, but thatÂ's what the long-term target for all those, all investments that Liber ...